Rural Funds Group (ASX:RFF) Hits New 52-Week High at $2.37

Rural Funds Group (ASX:RFF)’s share price hit a new 52-week high on Tuesday . The stock traded as high as A$2.37 ($1.68) and last traded at A$2.34 ($1.66), with a volume of 138850 shares changing hands. The stock had previously closed at A$2.34 ($1.66).

The business’s 50 day simple moving average is A$2.28. The company has a current ratio of 0.88, a quick ratio of 0.78 and a debt-to-equity ratio of 45.67. The firm has a market capitalization of $778.84 million and a PE ratio of 17.79.

The firm also recently announced a Final dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 31st will be paid a dividend of $0.026 per share. This represents a yield of 1.16%. The ex-dividend date of this dividend is Thursday, June 27th. Rural Funds Group’s payout ratio is currently 76.34%.

Rural Funds Group Company Profile (ASX:RFF)

Rural Funds Group is a real estate investment trust externally managed by Rural Funds Management Limited. It invests in the real estate markets of Australia. The firm invests primarily in the agricultural assets. Rural Fund Group is based in Australia.

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